Forum Announces Elevated Uranium and Boron from Fir Island Project; Potential New Nickel Zone Identified
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) reports geochemical results compiled over three drill programs on the Fir Island Uranium Project in the Athabasca Basin, Saskatchewan. Boron, uranium, offset of the unconformity, and size of the resistivity low all increase to the north along the Cathy Fault (Figure 1). A 100 metre interval of interpreted ultramafic rock with elevated nickel was intersected in basement rocks in...
2021-05-17 7:00 AM EDT
Forum Commences Electromagnetic Survey at Its 100% Owned Love Lake Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that Discovery International Geophysics Inc. has commenced a 588 line-km airborne electromagnetic (EM) survey on its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in northern Saskatchewan. The project is well located along Highway 905 to the Rabbit Lake/McClean...
2021-05-10 8:30 AM EDT
Forum Announces Incentive Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) announces that, in accordance with the Company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 1,800,000 common shares exercisable on or before April 23, 2026 at a price of $0.35 per share.About Forum Energy MetalsForum Energy Metals Corp. (TSXV: FMC) has three 100%...
2021-04-23 9:00 AM EDT
Forum Plans Electromagnetic Survey at Love Lake Nickel-Copper-Palladium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is pleased to announce that it plans a large-scale airborne electromagnetic (EM) survey on its 100% owned Love Lake Nickel-Copper-PGM project located approximately 60 km northeast of Forum's Janice Lake/Rio Tinto copper joint venture in north-eastern Saskatchewan along Highway 905 to the Rabbit Lake/ McClean Lake uranium mills (Figure 1). Further processing of the airborne...
2021-04-20 8:30 AM EDT
Rio Tinto Completes Winter Drill Program at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has completed winter drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. The first set of assay results are expected in May. Nine holes for a total of 2,330 metres were drilled on the Rafuse target, a 2.8 kilometre long priority target of surface copper mineralization that was...
2021-04-14 8:30 AM EDT
Forum Completes Drill Program on Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that the diamond drill program has been completed on its 100% owned Fir Island uranium project in northern Saskatchewan. Ten holes for 3,051 metres were completed, short of the 5,000 metres planned due to a slow start-up caused by poor ice conditions. The program continued drilling on the Cathy Fault / resistivity anomaly with eight holes...
2021-04-12 8:30 AM EDT
Forum Commences Gravity Survey on Its Wollaston Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant."The gravity survey is designed to detect areas of alteration within north-south bends along a number of electromagnetic (EM) conductors on the project,"...
2021-04-07 8:30 AM EDT
Forum Plans Uranium Exploration on Its Wollaston Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project. The project is located 10km south of the Rabbit Lake uranium mill immediately east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants.Ken Wheatley, Vice President, Exploration stated, "Along with our exploration endeavors at Fir Island (uranium, funded by...
2021-03-22 8:30 AM EDT
Forum Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") announces that, further to its news release of February 24, 2021, it has closed its non-brokered private placement and raised $499,999.87 through the issuance of 1,351,351 flow through units priced at $0.37 per flow through unit. Each unit consists of one flow through common share and one share purchase warrant. Each warrant entitles the holder to...
2021-03-11 8:30 AM EST
Forum Commences Trading on the OTCQB in the United States
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "Company") is pleased to announce the Company is now trading on the OTCQB in the United States under the symbol FDCFF.Rick Mazur, President & CEO stated, "Our listing on the OTCQB is an important step for the Company to expand global awareness of Forum's exploration activities and provides US investors with a platform to participate in the Company's success."The...
2021-03-10 8:30 AM EST
Forum Energy Metals to Exhibit at The 2021 PDAC Virtual Conference
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2021) - You are welcome to join Forum Energy Metals (TSXV: FMC) at the 2021 PDAC, which is being hosted on-line at https://pdacvirtual.ca from March 8-11. All the latest information on the Janice Lake Copper/Silver, Love Lake Nickel/Copper/PGM and Athabasca Basin Uranium projects highlight Forum's value proposition at the Company's PDAC virtual booth. Enter via the Investor Exchange portal and learn about Forum's energy metals project...
2021-03-04 8:30 AM EST
Drills Start Turning on Forum's Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that two diamond drill rigs have commenced drilling on its 100% owned Fir Island uranium project in northern Saskatchewan. Forum plans to complete approximately 5,000 metres in 24 holes. This program is operated by Forum and funded by Orano Canada Inc. (formerly AREVA Resources Canada) under terms of an option agreement to earn up to a 70%...
2021-03-03 8:30 AM EST
Forum Announces $500,000 Private Placement and Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") announces that it intends to raise $500,000 by way of a flow through private placement (the "Offering") of 1,351,351 flow through units (a "Unit") at $0.37 per Unit, each Unit comprised of one flow through common share of the Company (a "Share") and one non-flow through warrant (a "Warrant"). Each Warrant entitles the holder to acquire one common share of the...
2021-02-24 8:30 AM EST
Rio Tinto Commences Drilling at Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. Two drill rigs are initially testing the Rafuse target, a 2.8 kilometre long priority target of surface copper mineralization that was developed during RTEC's mapping, prospecting and geophysical program this...
2021-02-16 7:00 AM EST
Rio Tinto Mobilizes Drills to Forum's Janice Lake Copper/Silver Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced mobilization of two drills, fuel and other supplies to the site of Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. The 110km winter haul road that was constructed last winter is in good condition to the newly constructed 80-person Burbidge Lake Camp in the centre of...
2021-02-01 8:30 AM EST
Drill Mobilization Commences at Forum's Fir Island Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that ice road construction has commenced and two drills are being mobilized to site in preparation for a 6,000 metre (24 hole) drill program on its Fir Island project in northern Saskatchewan. This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).The program is designed to test a number...
2021-01-20 8:30 AM EST
Forum Closes $1,500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that, further to its news releases of November 30, 2020 and December 7, 2020, it has closed its non-brokered private placement and raised $1,500,000 through the issuance of 15,000,000 units priced at $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common...
2020-12-22 8:30 AM EST
Forum Updates Shareholders on Its Uranium Projects in the Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to provide a review of its Athabasca Basin uranium exploration portfolio. Forum has majority interests in seven projects totalling 67,370 hectares (166,470 acres) of claims prospective for high grade uranium deposits.Rick Mazur, President & CEO stated, "Recent investor interest in uranium validates why we have maintained and indeed, added to our assets in the...
2020-12-21 8:30 AM EST
Forum Announces Increase in Financing to $1,500,000
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - Forum Energy Metals Corp. (TSXV: FMC) (the "Company" or "Forum") announces that, further to its news release of November 30, 2020, it has increased the previously announced financing from $1,000,000 to $1,500,000 and will issue up to 15,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire one further common share at a...
2020-12-07 3:37 PM EST
Forum and Orano Announce Budget for 6,000 Metre Drill Program at the Fir Island Uranium Project, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2020) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Orano Canada Inc (formerly AREVA) will be funding a 6,000 metre drill program budgeted at $1.63 million on Forum's Fir Island project along the north rim of the Athabasca Basin, Saskatchewan. Two drills will be mobilised for a 24 hole drill program to commence in January, 2021. At the end of this program, Orano Canada will...
2020-12-03 8:30 AM EST